Well for the last couple of days the TA data on AIM hasnt read well. Todays EOD close has probably sealed my fate with the close breaching the 25.5c support level. Rising bearish volumes confirm the downward trend. Additionally the order lines exhibit a distinct lack of buyer interest .. the lowest Ive seen for sometime.
Harking back to my earlier EW musings it now could be the beginning of an impulsive wave 5 downwards. The wave 4 failed to break the 28c on three separate attempts.
I hope ( no cross that out ) I fear theres bad news on the way for AIM holders. Whether you hold tight, sell or even buy more may the courage of your convictions hold you in good stead.
short term ta
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Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.48M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.5¢ | $24.68K | 62.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35851 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 14255 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AIM (ASX) Chart |